CNN CEO Will Remain in Leadership Role as Paramount Acquires Warner Bros.
As part of a $110 billion acquisition, Paramount has announced that CNN's current CEO, Mark Thompson, will continue to lead the news network under the newly merged entity named Skydance. The merger brings together Warner Bros. Discovery and Paramount Global, with David Ellison serving as CEO alongside former Mattel executive Ynon Kreiz. The new leadership structure includes HBO’s Casey Bloys overseeing streaming content for Skydance, while Josh Greenstein and Dana Goldberg will manage film studios and George Cheeks will lead the TV division. The merger is expected to close on Tuesday and must comply with a settlement requiring an editorial independence board for news operations. Despite declining ratings at CBS News, its editor-in-chief Bari Weiss has been confirmed in her role.
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Topics: Leadership Changes Media Mergers Paramount Global Warner Bros. Discovery